Shanan Powerhouse
Himachal Pradesh Chief Minister recently handed over legal documents regarding Shanan Powerhouse to the Union Power Ministry. About Shanan Powerhouse: Location: It is located in Joginder Nagar in the Mandi district of Himachal…
Gift Tax
Recently, the Central Board of Direct Taxes (CBDT) has exempted buyers from gift tax when they acquire equity shares in public-sector units (PSUs) through strategic disinvestment. About Gift Tax: The…
The Pandemic Fund
India is believed to have placed a funding request of around $55 million in its first call with the Pandemic Fund of the World Bank. Pandemic Fund is a multi-stakeholder…
National Startup Awards 2023
Recently, The Department for Promotion of Industry and Internal Trade (DPIIT) said it has extended the deadline for submission of applications for the National Startup Awards 2023 to June 15,…
Offer For Sale (OFS)
The Union government proposes to sell up to 3% stake in state-owned coal India through an offer for sale (OFS). About Offer For Sale (OFS): What is it? OFS is a simpler…
CIBIL (Credit Information Bureau (India) Limited) score
The Kerala High Court recently held that an application for education loan by a student could not be rejected on the ground of a low CIBIL (Credit Information Bureau (India)…
Small Finance Banks (SFBs)
The Reserve Bank of  India (RBI)-appointed director, recently resigned from the board of Ujjivan Small Finance Bank (SFB). About Small Finance Banks (SFBs): SFBs are specialized banks that are licensed by RBIto provide financial…
Lightweight and portable payment system
The Reserve Bank of India (RBI) is developing a lightweight and portable payment system designed to operate during catastrophic events. About Lightweight and portable payment system: The RBI has conceptualized…